ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, marketing, and sale of over the counter (OTC) consumer healthcare products and dietary supplements in the United States. The company operates in two segments, Diagnostic Services and Consumer Products. It offers a range of OTC dietary supplements, including Legendz XL for male sexual health; and Triple Edge XL, an energy and stamina booster. The company also provides contract manufacturing services, such as product development, pre-commercialization, production, warehousing, and distribution; SARS-CoV-2 (COVID-19) and COVID-19 viral mutation polymerase chain reaction tests through saliva and nasal swab methods; and other respiratory pathogen panel molecular testing services, as well as personal genomics products and services. It serves national chain drug, internet-based, and various regional retailers. The company was formerly known as The Quigley Corporation. ProPhase Labs, Inc. was founded in 1989 and is headquartered in Garden City, New York.
ProPhase Labs Dividend Announcement
• ProPhase Labs announced a semi annually dividend of $0.30 per ordinary share which will be made payable on 2022-06-03. Ex dividend date: 2022-05-24
• ProPhase Labs's trailing twelve-month (TTM) dividend yield is -%
ProPhase Labs Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-05-24 | $0.30 | semi annually | 2022-06-03 |
2022-02-28 | $0.30 | semi annually | 2022-03-10 |
2021-05-24 | $0.30 | semi annually | 2021-06-03 |
2019-12-02 | $0.25 | semi annually | 2019-12-12 |
2019-01-09 | $0.25 | semi annually | 2019-01-24 |
2018-06-06 | $1.00 | semi annually | 2018-06-05 |
ProPhase Labs Dividend per year
ProPhase Labs Dividend growth
ProPhase Labs Dividend Yield
ProPhase Labs current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ProPhase Labs stock? Use our calculator to estimate your expected dividend yield:
ProPhase Labs Financial Ratios
ProPhase Labs Dividend FAQ
Other factors to consider when evaluating ProPhase Labs as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ProPhase Labs's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ProPhase Labs publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ProPhase Labs distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ProPhase Labs are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ProPhase Labs sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ProPhase Labs distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ProPhase Labs declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ProPhase Labs's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ProPhase Labs's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.